Exam 5: International The Global Marketplace

How does an infrastructure influence a country's economic development?

Which of the following terms means that prices of currencies vary based upon demand and supply of that currency?

Which of the following are limitations on the quantity of certain types of goods that can be imported over a period of time?

Some multinational corporations are so large that they resemble small countries.

Pierre Cardin gives technical advice on textile manufacturing to China and in exchange receives silk and cashmere.This is an example of which of the following?

Which of the following represents the value of one currency in terms of another?

Which of the following is an international bank that normally provides short-term loans to countries that are unable to meet their budgetary expenses?

The Caucasus Mountains along the northeastern border of Georgia make it difficult for the nation to trade with other former Soviet republics that are to its north and east.The mountain range acts as which type of barrier or deterrent?

In 1914,the United States prohibited the importation of Mexican avocados even though Mexico is the world's largest producer of the fruit.This prohibition remained in effect until 1996.The ban on importing Mexican avocados is an example of which type of restriction?

When South Korea reduces the tariff that Japan (but only Japan)has to pay when it imports cameras into South Korea,which of the following best describes the action?

The Ford Motor Company has invested $6 billion to build a "world car," the midsize Mondeo.The car was designed in the United States,Germany,and the United Kingdom to be adaptable to any market in the world.Which type of organization best describes Ford?

Active ownership of a foreign company,with direct investors having either a controlling or a large minority interest in the company,is best described by which of the following activities?

An enterprise in which two or more companies or investors (including governments)share ownership of a business and its property rights is known as which of the following?

Which of the following is part of a nation's infrastructure?

Which of the following is the sense of national consciousness that boosts the culture and interests of one country over those of all other countries?

List the two international financial organizations that are instrumental in fostering global trade.

Bribery translates to kuroi kiri (black mist)in Japan,schmiergeld (grease money)in Germany,and baksheesh (tip or gratuity)in the Middle East.This differing way of looking at bribes is descriptive of differences in which of the following?

Which of the following terms refers to a total prohibition against importing certain products?

Having a global vision simply means having a willingness to sell outside one's national borders if,and when,the opportunity arises.

The International Monetary Fund (IMF)was created to promote trade through financial cooperation by working to eliminate trade barriers.